Oil & Gas Product News Logo

This ad will close in 15 seconds

Baker Hughes rig report: Status quo in American industry while Canadian numbers continue to dip

Baker Hughes logo

Baker Hughes has released their latest rig report on Friday, with the U.S. market holding firm, while the Canadian industry seeing a continued slide in its rig count numbers.

The U.S. rig count is up 1 from last week at 403 with oil rigs up 1 to 310, gas rigs unchanged at 92, and miscellaneous rigs unchanged at 1. Overall, the U.S. rig count is down 390 rigs from last year's count of 793, with oil rigs down 372, gas rigs down 17 and miscellaneous rigs down 1.

The U.S. offshore rig count is down 3 to 14, down 9 year-over-year.

In Canada, the rig count is down 22 from last week to 141, with oil rigs down 12 to 80, gas rigs down 10 to 61. Overall, the Canadian rig count is down 62 rigs from last year's count of 203, with oil rigs down 54, gas rigs down 8.

Additional information on the Baker Hughes rig count is available on our rig count website at http://bakerhughes.com/rig-count.

Company info

2929 Allen Parkway, Suite 2100
Houston, TX
US, 77019-2118

Website:
bakerhughes.com

Read more

Related Articles

Sponsored Brought to you by: Volvo Construction Equipment Logo

Faster cycle times keep your haulers moving

The new Volvo EC950F crawler excavator was made for large haulers. In fact, it can fill our 60-ton A60H haul truck in just four bucket passes with an average cycle time of just over a minute. Right now, get 0% for 24 months to save up front, then enjoy improved efficiency and lower fuel consumption to spend less down the road. 

Learn more about how the perfect pair from Volvo boost your profitability.

Learn more